The Modification of pBFT Algorithm to Increase Network Operations Efficiency in Private Blockchains

Abstract

The use of blockchain technology is becoming more widespread. Governments have expanded their use of the technology from online polls to business management of smaller local governments while private institutions have increased their services from financial to medical services management. This paper presents the modified pBFT blockchain consensus algorithm for a more efficient data management method in cases of applying blockchains in authorized nodes such as governmental agencies. The network communication cost was minimized while the consensus accuracy was maximized by applying a method of simplifying the request management process and electing the reliability-based consensus node during the pBFT consensus algorithm process. By applying the modified pBFT consensus algorithm, stability and speed of the consensus and verification process among various organizations can be guaranteed as well as application in efficient management and value creation of data.